Samsung Electronics is trading 3.3% up today at KRW 263,000 as the stock rebounds from last week’s semiconductor selloff amid renewed interest in memory chipmakers.
- Sentiment improved following reports of potential 20% DRAM price hikes and a broader sector-wide rally, helping the stock recover from its post-guidance drop.
- The company officially denied headlines regarding a potential U.S. ADR listing, which had initially contributed to the morning's volatility.